Tuesday, August 11, 2015
Find historical Chapel Hill Housing Market Data here.
Below find the chart for Chapel Hill housing market data for July 2015.
Median sales price and average sales price are up significantly from July of 2014 with average sales price being up 11%. This is an enormous jump in price; we don’t often see double digit gains in terms of percentage points. The months supply of inventory dropped to 7.1 months which is the lowest Chapel Hill has seen in quite some time. This means demand is outpacing supply which in turn gives us a very hot market. If you have been thinking about buying or selling your home in Chapel Hill now is a great time to do it. Contact Real Estates Experts today as we can assist you with all of your real estate needs.